What is the median home value in Brevard County, FL?

The median home value in Brevard County, FL is $304,400, according to the latest Census ACS 5-Year Estimates.

What is the cap rate in Brevard County, FL?

The cap rate proxy in Brevard County, FL is 6.7% (estimated from HUD Fair Market Rent and Census home values with a 35% expense ratio). This is moderate — deal-by-deal analysis recommended.

How much new construction is happening in Brevard County, FL?

Brevard County has 620,533 residents and issued 4,369 building permits over the trailing twelve months, according to the Census Building Permits Survey.

Palm Bay-Melbourne-Titusville, FL · Florida

Brevard County

620,533 residents4,369 permits TTM$75,817 median HHI30 ZIP codesUpdated April 28, 2026

Investor first look

Median home value

$304,400

ACS 5-Year

Cap rate proxy

6.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

23.0%

HUD FMR ÷ ACS HHI

Net migration

+2.47%

IRS SOI

Permits (TTM)

4,369

Census BPS

Climate risk

98.4

FEMA NRI (0–100)

ZIP code breakdown30 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
32976	$228,831	$1,570	8.2%	7.6%	7.3%
32922	$195,832	$1,290	7.9%	8.4%	-8.1%
32905	$232,215	$1,630	8.4%	8.1%	3.3%
32935	$265,289	$1,770	8.0%	7.2%	9.0%
32925	$304,400county est.	$2,350	9.3%	5.7%	38.0%

Ranked by composite score

Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
$298,976	$1,570	6.3%	8.5%	-35.4%
$297,858	$1,930	7.8%	8.1%	-5.0%
$314,247	$2,020	7.7%	7.8%	-1.5%
$267,265	$1,500	6.7%	7.6%	-14.0%
$314,394	$1,740	6.6%	7.5%	-13.4%
$265,977	$1,590	7.2%	7.4%	-5.0%
$452,672	$1,860	4.9%	7.1%	-45.2%
$269,794	$1,480	6.6%	7.1%	-8.7%
$325,821	$1,520	5.6%	6.9%	-24.6%
$312,954	$1,340	5.1%	6.9%	-35.0%
$491,789	$2,070	5.1%	6.8%	-35.6%
$365,662	$1,920	6.3%	6.5%	-3.8%
$374,396	$2,080	6.7%	6.3%	5.5%
$426,032	$1,630	4.6%	5.9%	-31.4%
$304,400county est.	$1,710	6.7%	5.7%	14.8%
$304,400county est.	$1,710	6.7%	5.7%	14.8%
$304,400county est.	$1,570	6.2%	5.7%	7.3%
$616,096	$2,030	4.0%	5.7%	-47.0%
$479,955	$2,310	5.8%	5.4%	5.2%
$553,070	$2,060	4.5%	5.4%	-21.7%
$419,153	$1,520	4.4%	5.0%	-17.2%
$379,802	$1,380	4.4%	4.5%	-5.5%
$484,057	$2,120	5.3%	4.2%	18.4%
$505,676	$1,860	4.4%	3.4%	21.7%
$537,284	$2,100	4.7%	3.2%	30.7%

Demographics

Owner-occupied

76.9%

Census ACS

Vacancy rate

14.5%

Census ACS

Bachelor's degree +

33.5%

Census ACS

Rent burdened

50.5%

Census ACS (>30% income)

Median age

46.8

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 28, 2026

Brevard County

See all 30 ZIPs ranked by yield and cap rate